Stock Rating Downgrade
The Value Trend Rating for America's Car-Mart Inc (NASDAQ: CRMT) weakened recently from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
America's Car-Mart Inc (NASDAQ: CRMT) stock rose slightly by 0.2% on 12/15/23. The stock closed at $72.23. Moreover, exceptionally high trading volume at 303% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 18.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, CRMT is expected to be Value Creation neutral.
America's Car-Mart has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR's two proprietary measures of a stock's attractiveness. America's Car-Mart has a neutral Appreciation Score of 43 and a slightly negative Power Rating of 34, triggering the Negative Value Trend Rating.